Insider Buying: Chorus Aviation Inc. (TSE:CHR) Senior Officer Buys C$100,197.60 in Stock

Chorus Aviation Inc. (TSE:CHR) Senior Officer Colin Copp acquired 4,980 shares of the firm’s stock in a transaction on Thursday, February 27th. The stock was purchased at an average price of C$20.12 per share, for a total transaction of C$100,197.60.

Chorus Aviation Price Performance

CHR stock opened at C$20.22 on Monday. The company has a market capitalization of C$549.18 million, a P/E ratio of -33.38, a PEG ratio of 0.65 and a beta of 2.14. Chorus Aviation Inc. has a twelve month low of C$13.93 and a twelve month high of C$24.08. The business has a 50 day simple moving average of C$7.94 and a 200-day simple moving average of C$4.68. The company has a current ratio of 1.13, a quick ratio of 0.53 and a debt-to-equity ratio of 118.79.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. CIBC boosted their price target on shares of Chorus Aviation from C$26.00 to C$28.00 in a research report on Friday, February 21st. TD Securities upgraded shares of Chorus Aviation from a “hold” rating to a “buy” rating and boosted their price objective for the company from C$25.00 to C$27.00 in a report on Friday, February 21st. Finally, BMO Capital Markets boosted their price target on shares of Chorus Aviation from C$3.00 to C$3.75 in a research note on Friday, November 29th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of C$9.53.

About Chorus Aviation

Chorus Aviation Inc, through its subsidiaries, provides aviation solutions. It operates through Regional Aviation Services and Regional Aircraft Leasing segments. The Regional Aviation Services segment provides contract flying services, charter services, and specialized contract flying, such as medical, logistical, and humanitarian flights; aircraft leasing; and maintenance, repair and overhaul services, and part sales and technical services, as well as pilot training services.